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Anuta_ua [19.1K]
2 years ago
12

In florida, an element of an insurance transaction would be

Business
1 answer:
xxMikexx [17]2 years ago
8 0
<span>giving out an insurance contract
       Such contract when issued are represented and controlled by the Florida Insurance Policy Code. These agreements must have certain arrangements in them as required by Florida law. The standard procedure when an insurance contract will be issue should have the following items: the agreement clause,grace period,secondary notice,misstatement of age, strategy loan,reinstatement, intrigue payable on death assert</span>
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ÂOaktree, Inc. is a merchandiser of inlaid wooden boxes. The company sold 7,500 units during the year. The company has provided
MA_775_DIABLO [31]

Answer:

correct answer is A. $320,000

Explanation:

given data

sold  = 7,500 units

Sales Revenue =  $566,000

Purchases=  305,000

Selling and Administrative Expense =  68,000

Freight In =  13,000

Beginning Merchandise Inventory =  45,000

Ending Merchandise Inventory =  42,000

solution

we know that gross profit is equal to Sales minus Cost of goods sold   .......1

so first we get here gross profit that is

gross profit = ( sales revenue + ending inventory ) - ( beginning inventory + purchase + freight in )   .........1

gross profit = ( $566,000 + $42000 ) - ( $45000 + 305000 + $13000 )

gross profit = $245000

so cost of good sold will be from equation 1

cost of good sold = $566,000 - $245000 = 321000 so approx

so correct answer is A. $320,000

7 0
3 years ago
Which option correctly describes a benefit of using professional networking websites? OA Reach out to friends and relatives for
Katena32 [7]

Answer:

B. you should get updates about the companies that interest you.

Explanation:

B. Because once you find something that interest you its easier to work at a  place you like than to be bored and sad at a place you don't like

6 0
2 years ago
What motivates people to buy certain products?
Elan Coil [88]
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4 0
2 years ago
Read 2 more answers
Deltra was willing to purchase a dozen cookies for $60 that Deirdre was willing to sell for anything more than $32. If they agre
likoan [24]

Answer:

$28

Explanation:

The computation of the total value that would be created in the exchange is shown below;

The Deltra surplus is

= Purchase value - agreed price

= $60 - $36

= $24

And, the Deirdre surplus is

= Agreed price - willing to sell

= $36 - $32

= $4

Now the total value created is

= Deltra surplus + Deirdre surplus

= $24 + $4

= $28

5 0
3 years ago
Publications reporting total return data for an investment should use the recommended reporting period of:______.
Bezzdna [24]

 Publications reporting total return data for investment should use the recommended reporting period of 1 year, 5 years, and the lesser of 10 years of the life of the investment

The definition of investment is an asset that is purchased or invested to build wealth and save money from hard-earned income or capital appreciation. The importance of investment is primarily to gain an additional source of income or to make a profit from the investment over a period of time.

Time deposits are primarily investments in banks. A fixed interest rate is paid and the original investment funds are returned to the depositor at maturity. Example: Mr. B deposited her $1 million in her XY bank. XY Bank pays interest at 10% per annum.

Investments generally fall into three main categories: stocks, bonds, and cash equivalents. Each bucket has different types of investments. Here are six types of investments you can consider for long-term growth and what you need to know about each.

Learn more about investment here

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#SPJ4

8 0
8 months ago
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